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Social Security and the Census
The year 2020 is just around the corner, and with it comes the next decennial census where, as directed by Article 1, Section 2 of the U.S. Constitution, we are obligated to count every resident of the United States. Census Field Representatives…
Viewpoints on the Use of Social Security to Fund Paid Family Leave
The funding of paid leave for families to care for newborns, personal medical care, or care of family members care continues to be a debatable issue in the political world. In fact, It’s likely to become a part of various platforms…
The Student Loan Crisis and Its Impact on Seniors and the Economy
The Philadelphia Inquirer, in a post on their website, takes a look at the $1.5 trillion student loan debt burdening the economy…a debt level that is twice the credit card debt level held by Americans. In addition to highlighting the…
Have Enough Set Aside for Retirement? Better Be Sure.
Citing statistics from the World Economic Forum and U.S. Bureau Of Labor Statistics, the Motley Fool’s Katie Brockman sounds the alarm with this statement “Retirement is more expensive than you may think, and underestimating how much you need to save can…
Another View on Social Security 2100: The Impact of Expansion
One of the underlying objectives of the H.R. 860–the Social Security 2100 Act–now the subject of House Ways and Means Committee hearings is to achieve expansion of the program, funded by increased payroll taxation. Is it good, or is it not…
An Early Look at 2020 Social Security Changes
It’s only mid-summer, but the prognosticators and pundits have already begun to issue forecasts about changes expected in the Social Security guidelines that are likely to have an impact on all beneficiaries. From the likelihood of a 1.7%-1.8% COLA increase,…
West Virginia Reports Progress in Tackling Disability Fraud
Working in partnership with the Social Security Administration, West Virginia’s Cooperative Disability Investigations (CDI) Unit has achieved a reported another $2.24 million in savings through detection of fraudulent disability claims. This latest savings report, reflecting the second quarter 2019 activity, adds…
American Enterprise Institute decries Soc Sec tax hikes will hurt poor the most
Matt Weidinger of The American Enterprise Institute recaps the problems with Social Security’s long term finances. He commends Democrats in the House for tackling reform with their Social Security 2100 Act, which would allow the program “to pay all scheduled benefits…
Boost Your Social Security Benefits
Security Security benefits were never meant to live on alone without supplemental pensions, savings, or other sources of income. Benefits replace just 40 percent of pre-retirement income. Filing for Social Security as late as possible is the easiest way to get…
Social Security Taxes Explained
Bill Bischoff explains the Social Security payroll tax in this MarketWatch piece, covering how it is applied, including to self-employed people. He includes an explanation on the difference between cost of living increases to benefits and the calculation that determines…